Food delivery platform Swiggy's IPO received a lukewarm response on its first day, reaching only 12% subscription. The company aims to raise ₹11,327 crore, with ₹5,085 crore already secured ...
Swiggy IPO Day 2 Updates: The initial public offer of Swiggy IPO has been subscribed 35% on the second day of subscription today, as per BSE data. The initial share sale received bid for 5,57,09 ...
Swiggy’s recent IPO filing shows significant differences in its business model compared to competitor Zomato, despite both being major players in India’s food delivery market. While Swiggy’s ...
Swiggy CEO Rohit Kapoor expressed confidence in the company's growth within the quick commerce market despite increasing competition. He emphasized that success in this sector requires more than ...
Online food delivery platform Swiggy saw a muted response to its Rs 11,327 crore IPO on the first day of bidding on Wednesday, as brokerages advised investors to avoid the IPO until the company's ...
The much-awaited Swiggy’s initial public offering that opened on Wednesday saw a muted response from investors. The IPO targets ₹11,327.43 crore through a combination of fresh issue worth ...
Analysts point out Swiggy’s increased Average Order Value (AOV) and expanded Dark Store network, which grew from 301 in FY22 to 523 in FY24. At a price band set between Rs 371-390, the IPO allows ...
Food delivery and quick commerce platform Swiggy’s Initial Public Offering (IPO) was subscribed only 35% on the second day of bidding as broader market indices slipped in red. Sriharsha Majety ...
At the last count (4:00 pm) the company received a total of 1,78,10,182 bids as against 16,01,09,703 shares or just 0.11 times , shows the NSE data. The non-institutional investors (NIIs) have ...
The initial public offering (IPO) of Swiggy saw a muted response from the investors during the second day of the bidding process. The issue, which kicked-off for bidding on Wednesday, November 06 ...
Swiggy cofounder and CEO Sriharsha Majety said that while speed is essential, having the right assortment of products and SKUs will be a key differentiating factor in quick commerce Swiggy is in ...